Bitcoin blips down as Fed’s Powell says no ‘hurry to lower rates’

Qoin still has a class-action suit pending against it in addition to the case brought by regulator ASIC.

The Directorate of Enforcement issued a show-cause notice to the crypto exchange for allowing clients to transfer cryptocurrencies without following the law of the land. 342 Total views 2 Total shares Mumbai-based crypto exchange WazirX has been the target of much of India’s regulatory heat as the company continues to attract local investors. In the latest…

Simba aims to lower the barrier of entry into Web3 for Web2 firms with the help of a decentralized platform that provides necessary developer tools. 424 Total views 21 Total shares Ethereum (ETH) layer-2 solution Polygon (MATIC) is integrating the Simba Chain to scale and build new infrastructure for Web3, according to a new announcement.While Polygon…

Shell, the world’s fifth largest oil and gas firm, has invested in a blockchain-based energy startup, Forbes reports on July 10.The European oil and gas giant has invested an undisclosed amount in New York-based LO3, whose Exergy platform tracks energy with blockchain technology.The recent investment in LO3 marks Shell’s fourth public investment in blockchain-related firms,…

The rise and fall of celebrity meme tokens: how these celebrity-backed tokens have dumped in the current bull market.

On Sept. 17, a vital United States-based content delivery network (CDN) CloudFlare introduced a new decentralized content gateway via InterPlanetary File System (IPFS), a peer-to-peer (p2p) network run by thousands of computers bypassing the conventional HTTP system. Here’s how it supposed to work and why CloudFlare decided to support such a project.What is CloudFlare?CloudFlare is…

The world is in a state of panic due to the coronavirus pandemic. People are fighting over toilet paper, which shows the extent of nervousness. At such a time, even investors are likely to show irrational behaviors.The governments are attempting to calm the markets by supplying enough liquidity, which is likely to run into trillions…

Average weekly inflows into Grayscale’s products hit $250.7 million in the fourth quarter, capping off a stellar year for the asset manager. 1159 Total views 7 Total shares Institutional investors continued to pile into Grayscale products in the fourth quarter, highlighting the continued urgency for exposure to Bitcoin (BTC) and Ethereum (ETH) Total investments into Grayscale’s…

Sweden's financial regulator thinks retail investors should stay away from financial products that have volatile cryptocurrencies as their underlying asset. 3011 Total views 17 Total shares Sweden's financial regulator, Finansinspektionen, or FI, has issued a fresh warning to retail traders about the high risks and low consumer protections associated with crypto-related investments.In an announcement published on…